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prof.dr. Michael Grimm (ISS) - convenor
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vacancy - chair
vacancy - Ph.D.-candidate |
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Research area and mission |
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This Working Programme focuses on the conditions and policies that will provide rapid, equitable and sustainable economic development. Development should be rapid and equitable so that all social groups can participate in its benefits and, in particular, so that poverty can be reduced. Development should be sustainable both in its economic and social sense, of being time consistent and avoiding social conflicts, as well as in the ecological sense of preventing a degradation of natural resources and environmental qualities jeopardising future capabilities to satisfy human needs. The development and management of human and natural resources are key aspects of the economic process. |
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The research programme seeks to contribute to this reassessment on a broad front. It is organised around two main themes. The first covers the design, implementation and impact of reform policies and their accompanying international finance and aid flows and financial crises. Much of the existing research in this field has a strong macroeconomic orientation based on fairly standard assumptions about the behaviour of economic agents. In this research programme, however, these assumptions are relaxed to allow for (a) heterogeneous responses and behaviour of different types of private agents to policy measures and reforms; (b) changes in the structure of economies, income distribution and poverty effects (including the effects on gender); (c) fiscal adjustment and public sector responses as an endogenous reaction to changing patterns of capital inflows, private sector demands and responses; and (d) changing institutions and regulatory frameworks. |
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Organization